Sec. 6. (a) For the purposes of section 5(b)(1) of this chapter, a retailer's adjusted gross revenue is an amount equal to the difference between:
(1) the retailer's total gross revenue from the retailer's type II gambling operations in the preceding year; minus
(2) the sum of any amounts deducted under subsection (b) in the preceding year.
(b) To determine the amount of a retailer's adjusted gross revenue from the retailer's type II gambling operations in the preceding year under subsection (a), the retailer shall subtract the following from the retailer's gross receipts:
(1) An amount equal to the total value of the prizes awarded in type II gambling games in the preceding year.
(2) The sum of the purchase prices paid for type II gambling games dispensed in the retailer's type II gambling operation in the preceding year.
(3) An amount equal to the amount of license fees paid by the retailer in the preceding year.
As added by P.L.95-2008, SEC.13. Amended by P.L.108-2009, SEC.17.
Structure Indiana Code
Title 4. State Offices and Administration
Article 36. Type Ii Gaming in Establishments Licensed to Sell Alcoholic Beverages
4-36-4-1. Retailer's Endorsement
4-36-4-2. Qualifications to Apply for a Retailer's Endorsement
4-36-4-5. Initial Fees; Renewal Fees
4-36-4-6. Determination of Adjusted Gross Revenue
4-36-4-7. Authority to Issue a Distributor's License
4-36-4-8. Authority to Issue a Manufacturer's License
4-36-4-9. Applications for Distributor's License or a Manufacturer's License
4-36-4-10. Background Investigations
4-36-4-11. Criminal History Records
4-36-4-12. Authority to Require Applications to Be Sworn or Affirmed Before a Notary Public
4-36-4-13. Restrictions on the Issuance of Endorsements or Licenses
4-36-4-14. Confidentiality of Credit and Security Information
4-36-4-15. Written Approval Required to Transfer an Endorsement or License
4-36-4-16. Operations Under a Pending Revocation of an Endorsement or License